Scranton, Pennsylvania Commercial Real Estate 9 Listings
Scranton, Pennsylvania: A Premier Destination for Commercial Real Estate
Introduction
Scranton, Pennsylvania, offers a compelling landscape for commercial real estate (CRE) investments. As the largest city in Northeastern Pennsylvania, Scranton is a hub for industries such as manufacturing, healthcare, and education. Its strategic location, coupled with robust infrastructure and a dynamic economy, makes it an attractive destination for real estate professionals and investors seeking opportunities in office, industrial, and retail spaces.
Economic and Industry Overview
Scranton's economy is bolstered by a diverse range of industries. Key sectors include:
- Manufacturing: This sector is critical, with companies like Gentex Corporation leading the charge in defense and high-tech manufacturing.
- Healthcare: As a regional healthcare hub, Scranton is home to major health systems like Geisinger Health System.
- Education: Institutions such as The University of Scranton drive demand for office and educational facilities.
The Scranton Plan is a regional economic development initiative that promotes business growth and development, further enhancing the city's CRE landscape.
Strategic Location and Transportation Infrastructure
Scranton's location offers significant logistical advantages:
- Highways: Situated near Interstates 81, 84, 380, and the Pennsylvania Turnpike, providing direct routes to major markets like New York City and Philadelphia.
- Airports: The Wilkes-Barre/Scranton International Airport offers cargo and passenger services, facilitating business travel and logistics.
- Rail: Rail lines operated by Norfolk Southern and Canadian Pacific Railway support freight transport.
For more information, visit the Pennsylvania Department of Transportation.
Commercial Real Estate Inventory & Zoning
Scranton's CRE market is diverse, with distinct submarkets:
- Central Business District (CBD): Features a mix of office spaces and retail establishments.
- Industrial Corridors: Located along key transportation routes, ideal for logistics and warehousing.
- Innovation Districts: Emerging areas that support tech startups and creative industries.
The city offers incentives for developers, including tax abatements and opportunity zones. Explore the City of Scranton Zoning Map for detailed zoning information.
Major Employers and Institutions
Significant employers and institutions include:
- Top Employers: Geisinger Health System, Scranton School District, and Allied Services.
- Educational Institutions: The University of Scranton, Marywood University.
For more details, visit the Scranton Chamber of Commerce.
Notable Commercial Developments & Projects
Scranton is witnessing significant development projects:
- Mixed-Use Developments: Projects like the redevelopment of the Marketplace at Steamtown.
- Innovation Parks: Initiatives like the Scranton Enterprise Center.
Explore the Scranton Planning Department for more information on ongoing projects.
Building Permits, Planning, and Development Tools
Access essential resources for development:
- City of Scranton Building and Safety
- Online Permitting Portal
- Parcel Map Viewer / GIS
- Planning Commission
Market Data & Economic Reports
Public data sets provide valuable insights:
Brevitas leverages AI-powered aggregation to provide comprehensive market insights. Explore Brevitas-powered dashboards for Scranton here.
Why Use Brevitas for Scranton, Pennsylvania CRE?
Brevitas offers unparalleled capabilities for CRE professionals:
- AI-Driven Discovery: Find properties with precision.
- Real-Time Market Alerts: Stay informed about the latest listings.
- Smart Property Pages: Access detailed property insights.
- Dealroom Collaboration: Enhance communication and deal-making.
Unique features include:
- Auto-Generated Listing Pages
- Email and Landing Page Tools
- Broker and Developer Integration
- Exclusive Listings and Premium Exposure
Experience the Brevitas advantage by exploring our Scranton listings.
12-Unit Investment Opportunity
1515 Vine St
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